Onshore production sharing deals set to be inked this month

Production sharing contracts for onshore blocks will be signed this month after a half-year delay, according to Ministry of Energy officials. Winners for 16 onshore blocks were announced in October last year, but negotiations on the production sharing contracts necessary for exploration and production to begin have been slow-going, according to an official from the […]

Japanese Firms Strike Hi-Tech Power Plant Deals with Myanmar

Two Japanese companies have agreed deals to develop advanced coal-fired power plants in Myanmar and Malaysia as part of a government drive to export energy-efficient technology to emerging markets, a report said. The Japanese government is seeking to promote the export of ultra-supercritical (USC) pressure technology power plants to meet expected growing demand in emerging […]

Middle and Affluent Class in Vietnam and Myanmar Will Double in Size by 2020

HO CHI MINH CITY, VIETNAM–(Marketwired – Dec 18, 2013) – The middle and affluent class will double in size in Vietnam and Myanmar between now and 2020, according to a publication by The Boston Consulting Group (BCG). Consumers in these two Southeast Asian countries are also among the most optimistic in the world — more […]